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Author Topic: Do you believe John McAfee is right about Bitcoin hitting $500,000 in 3 years?  (Read 1117 times)
fantasticX5
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June 10, 2018, 04:09:27 AM
 #121

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
With the current market trends I don't think that the bitcoin price will reach at that level. I assume that this is what John McAfee wants as he owns huge amount of bitcoin in his wallet. It will be too expensive for a ordinary people to take part at that time.
Sidiq SP
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June 10, 2018, 05:12:04 AM
 #122

if I think bitcoin to reach $ 500,000 within 3 years is hard, we do not know 3 years ahead how, but, if bitcoin within 3 years has reached that value, then the other coin is thinking whether it will be a bit closer to bitcoin . . ?? and in my opinion indeed within 3 years will experience an increase, but not up to $ 500,000  here's my opinion about this
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June 10, 2018, 05:16:20 AM
 #123

I doubt it, but I would be very happy to be proven wrong on this one. It will see a very nice increase, you would think, from the levels it's at now but I don't think it will be any where near $500,000.
ximenzi
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June 10, 2018, 08:28:30 AM
 #124

I think what he said was farting. This is impossible. Does he predict that there will soon be the biggest financial crisis in human history? Is the process of capitalist disintegration accelerated? I don't think it will be so fast.
pinoycryptoes
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June 10, 2018, 08:48:15 AM
 #125

Its really hard to speculate the value of Bitcoin.

But, He could be right but it will depends on people if they will join the train once it hits more than $100k since it really risky.
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June 10, 2018, 09:09:55 AM
 #126

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
Let the market first restore the whale and increase the market capitalization, and then put forward forecasts. All this does not mean anything until he is at level 7k and there is no dynamics.

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wxxyrqa
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June 10, 2018, 10:57:28 AM
 #127

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
Let the market first restore the whale and increase the market capitalization, and then put forward forecasts. All this does not mean anything until he is at level 7k and there is no dynamics.
Guys, this can be very bad forecasts. Many experts say Bitcoin has no prospects, and therefore today its price is in this position.Of course, you do not need to blindly trust any words, but you still need to wait for everything.
Minor Miner
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June 10, 2018, 11:53:29 AM
 #128

This person is not very authoritative for me. Especially after I learned that he takes the money for shilling projects. That's why it seems to me that you can't trust his forecast at all.

green547
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June 10, 2018, 12:50:04 PM
 #129

I think his prediction will still be hit but it will take longer than his original timeframe.  As crazy as this guy is he has done a lot of positive things for the crypto world.
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June 10, 2018, 02:21:20 PM
 #130

it's not about believeable or not. it's about did that reasonable or not. i think that was unreasonable to hit that value in three years
DronBudloS
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June 10, 2018, 06:13:15 PM
 #131

This person is not very authoritative for me. Especially after I learned that he takes the money for shilling projects. That's why it seems to me that you can't trust his forecast at all.
I fully agree with the fact that he does not have authority in the crypto world, Yes it is very bright, but it does not mean that at least something will be as he said.
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June 11, 2018, 03:24:29 PM
 #132

This person is not very authoritative for me. Especially after I learned that he takes the money for shilling projects. That's why it seems to me that you can't trust his forecast at all.
I fully agree with the fact that he does not have authority in the crypto world, Yes it is very bright, but it does not mean that at least something will be as he said.
It remains speculation and believing or not is in our hands, maybe he got the right or nearest prediction in bitcoin in the past 2017 which is not really impressive especially if his speculation is just a guts and saying 20,000k usd by december 2017 now hes trying to predict 3 years gap oh common that was a long way shilling for his co-advertise projects.


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fulmetal08larz
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June 11, 2018, 05:04:34 PM
 #133

McAfee is an icon in crypto world, no doubt. But, he does not have a crystal ball. Guaranteeing the price of BTC to hit $500k in 3 years from him does not mean it will reach that price within the next few years. 3 years is a short time for merchants, corporations, institutional buyers, and the public to fully integrate crypto currencies in their life/businesses. Adaptation will be the trigger for BTC to hit that price level. Let's wait some announcements from Apple, Amazon, Samsung, and other big companies to adapt crypto, maybe it will hit $500k.
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June 11, 2018, 10:43:01 PM
 #134

This is quite possible, as this forecast has been carefully analyzed by a large number of large analytical companies. According to some forecasts for this period of time bitcoin can reach 1 000 000$

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June 11, 2018, 10:59:38 PM
 #135

Bitcoin price prediction look unreal stick to most of the newbie but bitcoin price surprises all so we can believe bitcoin potential is huge may be possible
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June 11, 2018, 11:04:00 PM
 #136

McAfee is an icon in crypto world, no doubt. But, he does not have a crystal ball. Guaranteeing the price of BTC to hit $500k in 3 years from him does not mean it will reach that price within the next few years. 3 years is a short time for merchants, corporations, institutional buyers, and the public to fully integrate crypto currencies in their life/businesses. Adaptation will be the trigger for BTC to hit that price level. Let's wait some announcements from Apple, Amazon, Samsung, and other big companies to adapt crypto, maybe it will hit $500k.
Hes not even an ICON here on cryptoworld but just an another plain speculator into this very volatile market the thing on here is that hes quite famous into other trading firms which every word he do said do make such impact but basing on the past and present words that he do thrown out to cryptocurrency. Going back it was positive but recently he do said negative things which it turns out that even a single word from him i dont even tend to listed anymore.

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June 11, 2018, 11:47:43 PM
 #137

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
of course everything is possible but to think of that right now is very delusional, we can start thinking of it again if bitcoin's price reaches 19k again in just few months time.

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June 11, 2018, 11:58:44 PM
 #138

So here, what we really want to understand is the probability of bitcoin reaching $500,000. The market cap will have to be $8 trillion dollar for bitcoin to hit that landmark. So do you think there is  a little probability for that??? Wink
Why not? If bitcoin or crypto market will in demand and continuously increase there's possibility that we can hit the highest price like McAfee prediction. Everything will happen in right time.

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June 12, 2018, 12:08:59 AM
 #139

No it wont reach that number. Its absurd and he is looking at it from one perspective. If BTC keeps shitting at this rate it wont be possible to even mine it in a profitable fashion.
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June 12, 2018, 01:18:27 AM
 #140

i hope mcafee keeps right with his predictive. he seems really confident in bitcoin.
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